7837 Orleans StMiramarFL33023
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Miramar at 7837 Orleans St, Miramar, FL, 33023 priced at $580,000 converts $4,232/mo rent into after a $2,839/mo obligation. Total monthly income equals $4,232/mo. Return on cash invested prints 20.01% in year one, and rental yield reads 8.76% against a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation compiles into $160,243 by year five. Five-year ROI reaches 104.85% and total cumulative return in cash sums $200,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,232/mo property income covering a $2,839/mo payment, not borrower’s personal income.
Single Family
Built in 1962
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33023, Hollywood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,612 (100%) |
| Owner Occupied HU | 14,083 (65.2%) |
| Renter Occupied HU | 6,678 (30.9%) |
| Vacant Housing Units | 851 ( 3.9%) |
| Median Home Value | $400,167 |
| Average Home Value | $495,989 |
Housing Distribution
Address Breakdown
Residential
21,035
Single Family
18,698
Multi-Family
2,337
Businesses
2,147
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Listed by: Maykel Espinosa Pulles • Atlas Realty Company, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11787544
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.